
Orrick’s Financial Performance
In exciting news for its associates, Orrick has announced that bonuses are on the horizon, albeit with a slight delay.
The law firm recently revealed impressive financial results, reporting $1.465 billion in gross revenue and an astounding $3.113 million in profits per equity partner for 2023, as highlighted in the latest Am Law 100 rankings.
To recognize their hardworking associates, Orrick is implementing a unique bonus structure distinct from those at firms like Hogan Lovells.
Bonus Distribution Timeline
Associates can expect their base bonuses by mid-February.
While a holiday payout in December would have been preferable, the anticipation of receiving funds a bit later is still optimistic.
In the meantime, associates can breathe easier knowing that special bonuses will be included in the December 31 payroll, offering some immediate financial comfort.
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Source: Above the law